Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
GEORGE A & MARY E FREDERICK MEM FD
 

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA 620 LIBERTY AVENUE 10   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705
A Employer identification number

90-0398149
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,803,766J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 153,278 153,727  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 337,685
b Gross sales price for all assets on line 6a 1,551,347
7 Capital gain net income (from Part IV, line 2)... 337,685
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 671 852  
12 Total. Add lines 1 through 11........ 491,634 492,264  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,813 12,172   641
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,754 202   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......   40    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 23,567 12,414 0 641
25 Contributions, gifts, grants paid........ 319,338 319,338
26 Total expenses and disbursements. Add lines 24 and 25 342,905 12,414 0 319,979
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 148,729
b Net investment income (if negative, enter -0-) 479,850
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 109,806 104,358 104,358
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,191,941 Click to see attachment1,204,042 1,593,488
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,361,252 Click to see attachment4,534,022 5,105,920
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,662,999 5,842,422 6,803,766
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 5,656,090 5,818,420
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 6,909 24,002
30 Total net assets or fund balances (see instructions)...... 5,662,999 5,842,422
31 Total liabilities and net assets/fund balances (see instructions).. 5,662,999 5,842,422
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 5,662,999
2 Enter amount from Part I, line 27a..................... 2 148,729
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 30,694
4 Add lines 1, 2, and 3.......................... 4 5,842,422
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,842,422
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 291. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
b 629. FORD MTR CO DEL COM PAR $0.01     2014-01-01
c 47. L BRANDS INC     2014-01-09
d 270. CAPITAL ONE FINANCIAL CORP     2014-01-21
e 490. INTEL CORP     2014-01-27
51. PFIZER INC COM   2010-05-20 2014-01-27
195. YAHOO! INC COM   2013-07-02 2014-01-27
85. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-01-27
125. CITIGROUP INC   2013-05-20 2014-02-06
587. CITIGROUP INC     2014-02-06
275. SMITH A O CORP COMMON     2014-02-06
65. WYNN RESORTS LTD     2014-02-19
10. PLUM CREEK TIMBER CO INC   2013-09-16 2014-02-20
29. SAFEWAY INC NEW   2013-04-29 2014-02-20
65. OMNICARE INC   2013-07-31 2014-02-21
300. OMNICARE INC   2012-12-13 2014-02-21
49. PLUM CREEK TIMBER CO INC   2013-09-16 2014-02-21
50. JOHNSON CONTROLS INC   2011-06-28 2014-02-25
18. WYNDHAM WORLDWIDE CORP   2011-10-28 2014-02-25
105. INTERCONTINENTAL EXCHANGE INC     2014-02-28
110. DELTA AIR LINES INC   2013-07-02 2014-03-04
190. GENERAL ELEC CO COM   2010-01-28 2014-03-04
260. QUESTCOR PHARMACEUTICALS INC     2014-03-04
75. PROCTER & GAMBLE CO   2010-02-05 2014-03-07
150. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
90. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
68. CORNING INC     2014-03-11
45. SAFEWAY INC NEW   2013-04-29 2014-03-11
85. PVH CORP   2012-10-16 2014-03-13
50. PROCTER & GAMBLE CO     2014-03-13
75. HELMERICH & PAYNE INC COM   2013-02-26 2014-03-19
140. NORFOLK SOUTHN CORP COM   2014-02-06 2014-03-19
20. PPG INDS INC COM   2013-11-08 2014-03-19
55. PPG INDS INC COM   2013-11-08 2014-03-20
1. WACHOVIA CORP   2001-01-01 2014-03-24
190. CHUBB CORP COM     2014-03-27
322. MSCI INC     2014-03-27
83. MSCI INC   2014-01-21 2014-03-27
270. HALLIBURTON CO   2012-08-15 2014-04-01
15. HELMERICH & PAYNE INC COM   2013-08-30 2014-04-02
26. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS   2011-08-23 2014-04-02
21. UNITED PARCEL SERVICE INC CL B   2011-06-28 2014-04-02
155. GOLDMAN SACHS GROUP INC COM     2014-04-11
13. ENTERPRISE PRODS PARTNERS L P COM UNIT   2012-02-02 2014-04-17
22. WISCONSIN ENERGY CORP   2009-02-19 2014-04-17
950. FIFTH THIRD BANCORP     2014-04-29
325. FIFTH THIRD BANCORP     2014-04-29
21. HELMERICH & PAYNE INC COM   2013-08-30 2014-05-07
85. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-05-14
174. FIRST NIAGARA FINL GROUP INC NEW   2011-06-28 2014-05-23
113. FIRST NIAGARA FINL GROUP INC NEW   2013-07-22 2014-05-23
42. WALGREEN CO COM   2012-06-27 2014-05-23
160. CHEVRON CORPORATION     2014-05-27
290. METHANEX CORP SEDOL 2654416     2014-06-04
97. CORNING INC     2014-06-11
30. CORNING INC   2013-05-17 2014-06-11
40. FIDELITY NATIONAL FINANCIAL INC EXCH 6/30/2014 SEE 31620R303 &   2012-12-17 2014-06-11
37. TIME INC-W/I     2014-06-16
.5 TIME INC-W/I   2013-12-18 2014-06-18
485. METLIFE INC COM     2014-06-20
340. YAHOO! INC COM     2014-06-23
42. APPLE INC     2014-07-02
20. MARATHON PETROLEUM CORP   2012-05-22 2014-07-02
155. APPLE INC   2013-09-24 2014-07-09
35. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-07-09
50. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-07-09
460. VALERO ENERGY CORP NEW COM     2014-07-09
245. VERIZON COMMUNICATIONS COM   2013-04-26 2014-07-09
20. WYNN RESORTS LTD   2013-05-13 2014-07-09
.333 FNFV GROUP-W/I   2012-12-17 2014-07-16
.972 VERITIV CORP-W/I     2014-07-16
23. FNFV GROUP-W/I   2012-12-17 2014-07-18
67. BB&T CORP   2013-01-28 2014-07-24
21. METLIFE INC COM     2014-07-24
550. KKR & CO LP     2014-07-28
111. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-07-28
1. CITIGROUP INC   2001-01-01 2014-07-31
70. WYNN RESORTS LTD     2014-08-01
180. L-3 COMMUNICATIONS HLDGS INC COM     2014-08-04
315. FRANKLIN RES INC COM     2014-08-06
225. ZIMMER HOLDINGS INC   2014-02-21 2014-08-06
35. DU PONT E I DE NEMOURS & CO     2014-08-07
20. L-3 COMMUNICATIONS HLDGS INC COM   2014-04-02 2014-08-07
18. APPLE INC   2013-09-24 2014-08-11
9. GENERAL DYNAMICS CORP   2013-08-02 2014-08-11
18. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3   2013-05-06 2014-08-11
390. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2     2014-08-13
160. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2014-07-09 2014-08-13
1. COUNTRYWIDE CAPITAL PFD 7.0% 11/01/36   2001-01-01 2014-08-25
200. SANDISK CORP     2014-08-26
245. MERCK & CO INC   2014-01-27 2014-08-27
80. VISA INC CLASS A SHARES     2014-08-29
15. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
299. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
212. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
47. SUNTRUST BANKS INC COM     2014-09-15
47. SUNTRUST BANKS INC COM   2014-03-27 2014-09-15
130. SUNTRUST BANKS INC COM     2014-09-15
245. MERCK & CO INC     2014-09-22
58.582 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2013-12-11 2014-09-29
27598.896 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2013-07-09 2014-09-29
355. COCA COLA ENTERPRISES     2014-10-10
80. COCA COLA ENTERPRISES   2014-03-27 2014-10-10
85. HELMERICH & PAYNE INC COM   2013-02-26 2014-10-10
145. HESS CORPORATION   2014-08-13 2014-10-10
240. MANPOWER GROUP INC     2014-10-10
45. WHITING PETROLEUM CORP   2013-04-15 2014-10-10
31. EATON CORP PLC SEDOL B8KQN82   2012-12-03 2014-10-14
40. HANESBRANDS INC - W/I   2014-02-19 2014-10-15
185. WHITING PETROLEUM CORP     2014-10-15
191. BLACKSTONE GROUP LP THE   2014-07-28 2014-10-17
404. BLACKSTONE GROUP LP THE     2014-10-17
1. COVENTRY HEALTH CARE INC   2001-01-01 2014-10-22
49. FNF GROUP-W/I   2012-12-17 2014-10-30
21. FNF GROUP-W/I   2012-12-17 2014-10-30
27. M&T BK CORP     2014-10-30
2. HALYARD HEALTH INC-W/I   2011-06-28 2014-11-07
103. ROGERS COMMUNICATIONS INC CL B     2014-11-14
13. CAPITAL ONE FINANCIAL CORP   2013-07-22 2014-11-18
20. FOOT LOCKER INC   2013-09-27 2014-11-18
23. GENERAL ELEC CO COM   2009-06-10 2014-11-18
160. HELMERICH & PAYNE INC COM     2014-11-18
335. TRINITY INDUSTRIES INC   2014-07-28 2014-12-03
14. AT&T INC     2014-12-09
35. AETNA INC NEW   2013-05-14 2014-12-09
40. ALLSTATE CORP   2013-02-20 2014-12-09
35. AMERICAN WATER WORKS CO INC   2014-06-23 2014-12-09
25. AMERIPRISE FINANCIAL INC   2014-06-20 2014-12-09
6. AMGEN INC   2013-12-23 2014-12-09
20. AMGEN INC   2013-12-13 2014-12-09
4. APPLE INC   2013-09-24 2014-12-09
25. APPLE INC     2014-12-09
12. BB&T CORP   2013-01-28 2014-12-09
8. BAXTER INTERNATIONAL INC   2013-08-01 2014-12-09
12. BLACKSTONE GROUP LP THE   2014-04-02 2014-12-09
5. BOEING CO   2012-07-26 2014-12-09
15. BOEING CO   2012-07-30 2014-12-09
45. CDW CORP/DE   2014-07-09 2014-12-09
35. CVS CAREMARK CORP   2013-05-14 2014-12-09
22. CA INC   2012-03-28 2014-12-09
.8 CALIFORNIA RESOURCES CORP   2013-01-07 2014-12-09
8. CAPITAL ONE FINANCIAL CORP   2013-07-22 2014-12-09
20. CAPITAL ONE FINANCIAL CORP   2014-10-10 2014-12-09
13. CHEVRON CORPORATION   2008-12-05 2014-12-09
30. CHEVRON CORPORATION     2014-12-09
9. CHUBB CORP COM   2010-11-01 2014-12-09
54. CISCO SYS INC COM   2011-09-09 2014-12-09
135. CISCO SYS INC COM     2014-12-09
35. COMCAST CORPORATION CL A   2010-01-08 2014-12-09
17. CONOCOPHILLIPS   2012-03-06 2014-12-09
45. CONOCOPHILLIPS   2013-08-30 2014-12-09
15. CONSTELLATION BRANDS INC CL A   2014-07-09 2014-12-09
65. DELTA AIR LINES INC   2013-07-02 2014-12-09
30. DISNEY WALT CO   2012-06-04 2014-12-09
14. DISCOVER FINANCIAL W/I   2011-07-07 2014-12-09
50. DISCOVER FINANCIAL W/I   2011-03-25 2014-12-09
30. EASTMAN CHEM CO   2014-06-04 2014-12-09
8. ENTERPRISE PRODS PARTNERS L P COM UNIT   2012-02-02 2014-12-09
9. EXTRA SPACE STORAGE INC   2014-11-18 2014-12-09
40. EXTRA SPACE STORAGE INC   2013-10-11 2014-12-09
13. EXXON MOBIL CORP     2014-12-09
60. EXXON MOBIL CORP   2012-06-27 2014-12-09
12. FOOT LOCKER INC   2013-09-27 2014-12-09
30. FOOT LOCKER INC   2014-03-13 2014-12-09
25. FORD MTR CO DEL COM PAR $0.01   2013-01-11 2014-12-09
3. GENERAL DYNAMICS CORP   2013-08-02 2014-12-09
83. GENERAL ELEC CO COM   2009-06-10 2014-12-09
130. GENERAL ELEC CO COM     2014-12-09
13. GLAXO WELLCOME PLC SPONSORED ADR   2013-05-20 2014-12-09
35. HCA HOLDINGS INC   2014-08-06 2014-12-09
11. HCP INC REIT   2014-06-11 2014-12-09
15. HANESBRANDS INC - W/I   2014-02-19 2014-12-09
6. HOME DEPOT INC COM   2011-06-28 2014-12-09
61. HUNTINGTON BANCSHARES INC   2014-07-24 2014-12-09
300. HUNTINGTON BANCSHARES INC     2014-12-09
14. INTEL CORP   2011-06-29 2014-12-09
9. INTERNATIONAL PAPER CO COM   2012-01-12 2014-12-09
33. J P MORGAN CHASE & CO COM     2014-12-09
95. J P MORGAN CHASE & CO COM   2009-03-24 2014-12-09
9. JOHNSON & JOHNSON COM   2010-08-02 2014-12-09
45. JOHNSON & JOHNSON COM   2011-05-17 2014-12-09
3. KIMBERLY-CLARK CORP COM   2011-06-28 2014-12-09
40. KROGER CO   2014-07-09 2014-12-09
20. L BRANDS INC   2014-10-15 2014-12-09
45. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2014-12-09
11. LILLY ELI & CO   2011-06-28 2014-12-09
65. LINCOLN NATIONAL CORP   2013-04-15 2014-12-09
2. LOCKHEED MARTIN CORP   2014-10-14 2014-12-09
15. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-12-09
5. MCDONALDS CORP COM   2011-06-28 2014-12-09
10. MCKESSON HBOC INC COMMN   2013-10-14 2014-12-09
29. MERCK & CO INC     2014-12-09
9. METLIFE INC COM   2012-06-27 2014-12-09
60. MICRON TECHNOLOGY INC   2014-08-26 2014-12-09
10. NATIONAL FUEL GAS CO N J COM   2012-11-07 2014-12-09
30. NATIONAL FUEL GAS CO N J COM   2013-05-09 2014-12-09
5. NEXTERA ENERGY INC   2011-06-28 2014-12-09
9. OCCIDENTAL PETE CORP COM   2013-01-07 2014-12-09
30. PACKAGING CORP OF AMERICA COM   2014-03-19 2014-12-09
6. PEPSICO INC COM     2014-12-09
49. PFIZER INC COM   2010-05-20 2014-12-09
65. PFIZER INC COM   2010-08-12 2014-12-09
8. PHILIP MORRIS INTERNAT-W/I   2014-05-23 2014-12-09
16. PINNACLE WEST CAPITAL CORP   2013-10-08 2014-12-09
17. POTASH CORP SASK INC LESS EXCHANGE RATE OF .6921   2014-08-07 2014-12-09
9. PRINCIPAL FINANCIAL GROUP COM   2014-10-30 2014-12-09
45. PRINCIPAL FINANCIAL GROUP COM   2014-08-06 2014-12-09
17. PROCTER & GAMBLE CO     2014-12-09
20. PROCTER & GAMBLE CO   2012-11-30 2014-12-09
4. QUALCOMM   2011-06-28 2014-12-09
45. QUANTA SVCS INC   2014-03-04 2014-12-09
265. REGIONS FINANCIAL CORP   2013-04-26 2014-12-09
9. REYNOLDS AMERICAN INC   2014-08-11 2014-12-09
40. REYNOLDS AMERICAN INC   2014-10-10 2014-12-09
45. SEI INVESTMENT CO   2014-08-29 2014-12-09
40. ST JUDE MEDICAL INC   2013-01-18 2014-12-09
20. SCHLUMBERGER LTD COM   2014-04-01 2014-12-09
15. SNAP-ON INC COM   2014-08-04 2014-12-09
33. SYMANTEC CORP COM   2014-03-11 2014-12-09
8. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS   2013-03-26 2014-12-09
30. TIME WARNER INC   2013-12-18 2014-12-09
5. THE TRAVELERS COS INC   2014-10-30 2014-12-09
30. THE TRAVELERS COS INC   2014-04-29 2014-12-09
20. US BANCORP DEL COM NEW     2014-12-09
15. UNION PAC CORP COM   2010-04-29 2014-12-09
20. UNITED RENTALS INC COM   2013-01-10 2014-12-09
5. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-12-09
11. VENTAS INC   2010-08-26 2014-12-09
12. VERIZON COMMUNICATIONS COM   2011-06-28 2014-12-09
40. VOYA FINL INC COM   2014-10-17 2014-12-09
29. WELLS FARGO & CO NEW COM   2009-04-16 2014-12-09
115. WELLS FARGO & CO NEW COM   2009-04-17 2014-12-09
9. WISCONSIN ENERGY CORP   2009-02-19 2014-12-09
60. WISCONSIN ENERGY CORP   2009-02-19 2014-12-09
5. WYNDHAM WORLDWIDE CORP   2011-10-28 2014-12-09
30. WYNDHAM WORLDWIDE CORP   2011-06-28 2014-12-09
14. ENSCO PLC CLASS A SEDOL B4VLR19   2012-07-16 2014-12-09
16. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2013-11-12 2014-12-09
35. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76   2014-09-22 2014-12-09
8. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6     2014-12-09
25. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6   2014-02-28 2014-12-09
12. GARMIN LTD ISIN CH0114405324 SEDOL B3Z5T14   2014-02-25 2014-12-09
35. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2014-12-09
4. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3   2013-05-06 2014-12-09
20. CALIFORNIA RESOURCES CORP     2014-12-10
12. CAPITAL ONE FINANCIAL CORP     2014-12-10
20. FOOT LOCKER INC   2013-09-27 2014-12-10
19. ENSCO PLC CLASS A SEDOL B4VLR19   2014-04-17 2014-12-10
48. ENSCO PLC CLASS A SEDOL B4VLR19     2014-12-10
405. QUANTA SVCS INC   2014-03-04 2014-12-12
10. QUANTA SVCS INC   2014-03-04 2014-12-12
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 4,467   5,040 -573
b 9,611   10,959 -1,348
c 2,704   1,631 1,073
d 19,596   18,538 1,058
e 12,140   10,521 1,619
1,521   788 733
7,229   4,907 2,322
12,028   5,954 6,074
6,004   6,475 -471
28,194   22,921 5,273
12,624   14,489 -1,865
14,448   9,062 5,386
428   466 -38
1,022   678 344
3,978   3,445 533
18,361   10,783 7,578
2,080   2,285 -205
2,486   2,001 485
1,277   629 648
21,915   13,210 8,705
3,770   2,101 1,669
4,862   3,084 1,778
16,964   15,287 1,677
5,870   4,580 1,290
5,841   7,384 -1,543
3,520   4,431 -911
1,306   971 335
1,742   1,052 690
9,910   8,253 1,657
3,971   3,288 683
7,712   4,837 2,875
13,648   13,078 570
3,905   3,623 282
10,711   9,962 749
239   25 214
16,544   11,135 5,409
13,448   13,277 171
3,483   3,703 -220
15,986   9,282 6,704
1,616   946 670
1,386   1,012 374
2,056   1,509 547
23,724   20,842 2,882
947   603 344
1,049   467 582
19,422   13,759 5,663
6,644   7,169 -525
2,282   1,325 957
10,990   5,954 5,036
1,498   2,288 -790
973   1,195 -222
2,940   1,237 1,703
19,659   10,042 9,617
16,573   17,609 -1,036
2,082   1,403 679
647   478 169
1,321   914 407
858   824 34
11   11  
27,367   17,083 10,284
11,429   9,156 2,273
3,922   2,668 1,254
1,597   717 880
14,781   10,863 3,918
3,816   2,440 1,376
5,468   3,485 1,983
22,638   21,288 1,350
11,974   13,104 -1,130
4,093   2,791 1,302
5   4 1
37   24 13
369   268 101
2,530   2,073 457
1,160   715 445
13,441   14,728 -1,287
12,058   6,650 5,408
683   25 658
14,693   9,625 5,068
18,806   20,949 -2,143
17,074   12,689 4,385
21,733   21,571 162
2,254   1,696 558
2,033   2,399 -366
1,725   1,261 464
1,062   786 276
1,948   1,116 832
15,068   15,157 -89
6,183   6,848 -665
331     331
19,679   13,659 6,020
14,778   13,026 1,752
17,061   7,533 9,528
586   563 23
11,695   11,225 470
8,305   7,959 346
1,840   1,826 14
1,835   1,831 4
5,089   4,939 150
14,853   13,156 1,697
637   630 7
300,000   295,308 4,692
14,782   9,647 5,135
3,331   3,714 -383
7,159   5,482 1,677
12,105   14,398 -2,293
15,018   19,144 -4,126
2,869   2,084 785
1,842   1,601 241
4,056   2,929 1,127
10,260   9,225 1,035
5,636   6,608 -972
11,825   13,760 -1,935
36   25 11
1,422   930 492
605   398 207
3,214   2,278 936
74   43 31
3,928   4,274 -346
1,059   899 160
1,097   683 414
621   308 313
12,528   10,700 1,828
10,607   15,043 -4,436
459   446 13
3,128   2,080 1,048
2,746   1,868 878
1,848   1,695 153
3,327   2,977 350
1,011   678 333
3,370   2,239 1,131
446   280 166
2,789   1,747 1,042
464   371 93
585   579 6
405   402 3
639   374 265
1,918   1,121 797
1,520   1,439 81
3,168   2,085 1,083
673   612 61
5   6 -1
662   553 109
1,656   1,626 30
1,392   923 469
3,212   2,676 536
937   525 412
1,469   869 600
3,672   2,287 1,385
1,954   593 1,361
1,095   989 106
2,898   2,986 -88
1,392   1,354 38
2,966   1,241 1,725
2,767   1,333 1,434
904   387 517
3,228   1,208 2,020
2,344   2,706 -362
283   182 101
536   524 12
2,383   1,896 487
1,187   1,065 122
5,479   5,002 477
672   410 262
1,681   1,376 305
381   350 31
432   262 170
2,114   1,113 1,001
3,311   2,195 1,116
574   681 -107
2,567   2,357 210
494   456 38
1,634   1,098 536
595   217 378
630   608 22
3,101   3,030 71
513   301 212
493   280 213
2,049   932 1,117
5,899   2,673 3,226
963   529 434
4,817   2,974 1,843
340   188 152
2,433   1,972 461
1,637   1,320 317
2,143   1,694 449
791   409 382
3,679   2,095 1,584
379   353 26
1,611   1,046 565
456   417 39
2,090   1,380 710
1,707   803 904
497   268 229
2,115   1,971 144
678   528 150
2,034   1,869 165
518   285 233
697   693 4
2,282   2,128 154
580   399 181
1,555   757 798
2,062   1,051 1,011
684   694 -10
1,047   879 168
587   584 3
473   466 7
2,364   2,247 117
1,531   1,065 466
1,801   1,395 406
291   222 69
1,321   1,608 -287
2,727   2,223 504
593   518 75
2,635   2,399 236
1,808   1,707 101
2,738   1,584 1,154
1,682   1,953 -271
2,027   1,815 212
855   675 180
455   321 134
2,464   1,919 545
524   502 22
3,146   2,722 424
897   457 440
1,726   584 1,142
2,150   962 1,188
565   300 265
790   548 242
559   437 122
1,661   1,440 221
1,574   562 1,012
6,241   2,340 3,901
455   191 264
3,033   1,272 1,761
417   175 242
2,501   1,000 1,501
410   687 -277
651   533 118
1,423   1,422 1
928   777 151
2,899   2,446 453
664   626 38
2,224   2,013 211
309   248 61
112   142 -30
997   822 175
1,123   683 440
534   946 -412
1,348   2,602 -1,254
10,873   14,471 -3,598
271   357 -86
      135,205
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -573
b       -1,348
c       1,073
d       1,058
e       1,619
      733
      2,322
      6,074
      -471
      5,273
      -1,865
      5,386
      -38
      344
      533
      7,578
      -205
      485
      648
      8,705
      1,669
      1,778
      1,677
      1,290
      -1,543
      -911
      335
      690
      1,657
      683
      2,875
      570
      282
      749
      214
      5,409
      171
      -220
      6,704
      670
      374
      547
      2,882
      344
      582
      5,663
      -525
      957
      5,036
      -790
      -222
      1,703
      9,617
      -1,036
      679
      169
      407
      34
       
      10,284
      2,273
      1,254
      880
      3,918
      1,376
      1,983
      1,350
      -1,130
      1,302
      1
      13
      101
      457
      445
      -1,287
      5,408
      658
      5,068
      -2,143
      4,385
      162
      558
      -366
      464
      276
      832
      -89
      -665
      331
      6,020
      1,752
      9,528
      23
      470
      346
      14
      4
      150
      1,697
      7
      4,692
      5,135
      -383
      1,677
      -2,293
      -4,126
      785
      241
      1,127
      1,035
      -972
      -1,935
      11
      492
      207
      936
      31
      -346
      160
      414
      313
      1,828
      -4,436
      13
      1,048
      878
      153
      350
      333
      1,131
      166
      1,042
      93
      6
      3
      265
      797
      81
      1,083
      61
      -1
      109
      30
      469
      536
      412
      600
      1,385
      1,361
      106
      -88
      38
      1,725
      1,434
      517
      2,020
      -362
      101
      12
      487
      122
      477
      262
      305
      31
      170
      1,001
      1,116
      -107
      210
      38
      536
      378
      22
      71
      212
      213
      1,117
      3,226
      434
      1,843
      152
      461
      317
      449
      382
      1,584
      26
      565
      39
      710
      904
      229
      144
      150
      165
      233
      4
      154
      181
      798
      1,011
      -10
      168
      3
      7
      117
      466
      406
      69
      -287
      504
      75
      236
      101
      1,154
      -271
      212
      180
      134
      545
      22
      424
      440
      1,142
      1,188
      265
      242
      122
      221
      1,012
      3,901
      264
      1,761
      242
      1,501
      -277
      118
      1
      151
      453
      38
      211
      61
      -30
      175
      440
      -412
      -1,254
      -3,598
      -86
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 337,685
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 265,514 6,200,795 0.042819
2012 258,067 5,701,185 0.045266
2011 144,889 5,498,957 0.026348
2010 128,703 5,066,147 0.025405
2009      
2 Total of line 1, column (d) ...................... 2 0.139838
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.03496
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 6,771,578
5 Multiply line 4 by line 3....................... 5 236,734
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,799
7 Add lines 5 and 6......................... 7 241,533
8 Enter qualifying distributions from Part XII, line 4.............. 8 319,979
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,799
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,799
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,799
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,876
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,876
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,077
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,077 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletPNC BANK N A Telephone no.bullet
    Located atbullet620 LIBERTY AVENUE 10TH FLOORPITTSBURGHPA ZIP+4bullet15222
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    PNC BANK N A TRUSTEE
    3     		12,813    
    620 LIBERTY AVENUE
    PITTSBURGH,PA152222705
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,874,698
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,874,698
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,874,698
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    103,120
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,771,578
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    338,579
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    338,579
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,799
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,799
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    333,780
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    333,780
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    333,780
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    319,979
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    319,979
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    4,799
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    315,180
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 333,780
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 288,883
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 319,979
    a Applied to 2013, but not more than line 2a 288,883
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 31,096
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		302,684
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ROMAN CATHOLIC ARCHBISHOP
    OF BALTIMORE
    320 CATHEDRAL STREET
    BALTIMORE,MD21201     		NONE PC GENERAL SUPPORT 159,669
    STELLA MARIS INC
    2300 DULANEY VALLEY ROAD
    TIMONIUM,MD210932739     		NONE PC GENERAL SUPPORT 159,669
    Total .................................bullet 3a 319,338
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 153,278  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 337,685  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aBLACKSTONE GROUP L     14 95  
    bENTERPRISE PRODS P     14 75  
    cKKR & CO LP     14 501  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   491,634  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13491,634
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 1,204,042 1,593,488

    TY 2014 InvestmentsOtherSchedule2
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 1,985,912 1,987,709
    MUTUAL FUNDS - EQUITY AT COST 2,311,731 2,941,579
    MUTUAL FUNDS - ALTERNATIVE AT COST 236,379 176,632

    TY 2014 OtherExpensesSchedule
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIP - EXPENSE   40   0


    TY 2014 OtherIncomeSchedule2
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BLACKSTONE GROUP LP THE 95 0  
    ENTERPRISE PRODS PARTNERS L P COM UNIT 75 0  
    KKR & CO LP 501 0  
    MULTIPLE PARTNERSHIPS   852  


    TY 2014 OtherIncreasesSchedule
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Description Amount
       
       
       


    TY 2014 TaxesSchedule
    Name:
    GEORGE A & MARY E FREDERICK MEM FD
    EIN: 90-0398149
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 202 202   0
    FEDERAL TAX PAYMENT - PRIOR YE 3,676 0   0
    FEDERAL ESTIMATES - PRINCIPAL 6,876 0   0